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Clorox Hikes Its Dividend, But Valuation Is a Concern

Adrian Stevens
Clorox Hikes Its Dividend, But Valuation Is a Concern

Why Clorox Stock Is Underperforming Peers(Continued from Prior Part)Dividend increased 10%On May 20, The Clorox Company (CLX) announced a 10% hike in its quarterly dividend to $1.06 per share from $0.96. Clorox is a dividend aristocrat, which in